The United States national debt has reached nearly 11 trillion dollars and counting. I have been tracking the government’s mindless intervention into the private markets like most of you.
What is truly astounding is how trivial a trillion dollars has become in reference to a normal denomination. A trillion is the new billion in terms of throwing numbers around in conversation. Just to put it in perspective…if you started counting to a trillion dollars when you were an infant, it would take 4 generations to count to a trillion.
It’s easy to print money today, it’s not so easy to pay it back tomorrow.